Mitsubishi Rayon reports extraordinary loss in Oct-Dec period
23 Jan '09
3 min read
(b)Ningbo Rayon:
Production volume has been reduced gradually at Ningbo Rayon Acrylic Fibers Co., Ltd., and we are currently holding talks with the local investors in the company with a view to implementing a radical reform of its business model in the near future.
4.Performance forecasts for the business year ending March 31, 2009:
The precise impact of the above-described extraordinary loss on the Company's consolidated business results for the fiscal 2008 full term is still being calculated, and a performance forecast will be released as soon as possible
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